This Multifamily Property is no longer advertised on LoopNet.com.
55 Jackson Ave
Bridgeport, CT 06606
Presidential Apartments · Multifamily Property For Sale
·
44 Units
Investment Highlights
Value-Add Opportunity
Current Rents are 34% Below Renovated Market Comparables
Bridgeport is Connecticut's Largest City and is One of the State's Fastest Growing Municipalities
Burgeoning Market with Significant Rent Growth Tailwinds
Bridgeport is Connecticut's Largest City and is One of the State's Fastest Growing Municipalities
The Bridgeport/Danbury Submarket had a Strong Occupancy in 2020 with an Average Vacancy Rate of 3%, Down from 4.45% in 2019
PROPERTY FACTS
No. Units
44
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low Rise
Building Class
C
Lot Size
0.77 AC
Building Size
32,028 SF
No. Stories
3
Year Built
1970
PROPERTY TAXES
Parcel Number
BRID-001430-000035B
Improvements Assessment
$1,283,520
Land Assessment
$466,480
Total Assessment
$1,750,000